Press release
Investigation announced for Long-Term Investors in shares of Eagle Pharmaceuticals, Inc. (NADAQ: EGRX)
An investigation on behalf of current long term investors in Eagle Pharmaceuticals, Inc. (NADAQ: EGRX) shares.
Investors who are current long term investors in Eagle Pharmaceuticals, Inc. (NADAQ: EGRX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NADAQ: EGRX stocks follows a lawsuit filed against Eagle Pharmaceuticals, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NADAQ: EGRX stocks, concerns whether certain Eagle Pharmaceuticals, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges that, the Defendants failed to disclose to investors that the Company was experiencing slower-than-anticipated pull-though from a wholesale customer predominantly due to expiry of inventory, that, as a result, the Company had overstated its revenue, that the Company did not have effective internal controls and procedures over financial reporting as to PEMFEXY sales, and that as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Eagle Pharmaceuticals, Inc. (NADAQ: EGRX) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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